Jan 1, 1987 CE
Largan Precision Founded
Largan Precision Co., Ltd. is established in Taichung, Taiwan, with initial capital focused on optical lens manufacturing. #company #Taiwan
Chronological Storyline (34 Milestones)
1991 CE
First OEM Contract with Digital Camera Makers
Largan secures its first original equipment manufacturing (OEM) contract for digital camera lenses, marking entry into the consumer electronics supply chain. #company #manufacturing
1994 CE
Expansion into Plastic Lens Molding
Largan develops precision plastic lens molding technology, reducing production costs and enabling mass production for cameras. #technology
Nov 1, 1996 CE
IPO on Taiwan Stock Exchange
Largan Precision goes public on the Taiwan Stock Exchange (TWSE) under ticker 3008, raising capital for expansion. #finance #IPO
1998 CE
Becomes Key Supplier for Nokia
Largan becomes a major lens supplier for Nokia mobile phones, benefiting from the rise of camera phones. #company #mobile
2001 CE
First Megapixel Camera Lens Mass Production
Largan starts mass production of megapixel-grade camera lenses, enabling higher-resolution mobile photography. #technology
2003 CE
Diversifies into Auto and Security Lenses
Largan expands product lines to include automotive and security camera lenses, reducing reliance on mobile phones. #diversification
2005 CE
Largan's Market Share in Mobile Lenses Surpasses 50%
Largan captures over half of the global mobile phone lens market, becoming the industry leader. #marketleadership
May 1, 2006 CE
Founder Lin Yaozheng Retires as Chairman
Company founder Lin Yaozheng retires as chairman but remains a major shareholder; his son Lin En-ping takes over. #leadership
2007 CE
Supplies Lenses for Apple iPhone
Largan becomes a lens supplier for the first-generation iPhone, securing a long-term partnership with Apple. #Apple #mobile
2008 CE
Develops 5-Megapixel Autofocus Lens Module
Largan introduces a 5-megapixel autofocus lens module for smartphones, setting a new industry standard. #innovation
2010 CE
Stock Price Surpasses NT$1,000
Largan shares reach NT$1,000 for the first time, making it one of the most valuable stocks on the TWSE. #finance #stockmarket
2011 CE
Becomes Largest Supplier of 8-Megapixel Lenses
Largan dominates the market for 8-megapixel smartphone camera lenses, supplying major brands like HTC and Samsung. #technology
2012 CE
Expands Production Capacity in Taichung
Largan invests in new manufacturing facilities in Taichung's Precision Machinery Innovation Park to meet growing demand. #expansion
Jul 1, 2013 CE
Revenues Exceed NT$100 Billion
Largan reports annual revenue of over NT$100 billion (approx. US$3.3 billion), driven by smartphone growth. #finance
Aug 1, 2014 CE
Largan Becomes 'King of Stock' with NT$2,000 Share Price
Shares hit a record NT$2,725, making Largan the highest-priced stock in Taiwan, earning the nickname 'King of Stock'. #stockmarket
2015 CE
Supplies Dual-Lens Module for iPhone 7 Plus
Largan provides the dual-camera lens system for Apple's iPhone 7 Plus, pioneering dual-lens smartphone photography. #innovation #Apple
Mar 1, 2016 CE
Net Profit Reaches NT$65.2 Billion
Largan posts record annual net profit of NT$65.2 billion (approx. US$2.1 billion), reflecting robust demand. #finance
Jul 1, 2017 CE
Launches Advanced 7P Lens Technology
Largan begins mass production of 7-element plastic lenses (7P) for smartphones, improving image quality. #technology
May 1, 2018 CE
Invests in New R&D Center
Largan announces a NT$20 billion investment in a state-of-the-art R&D center in Taichung. #R&D
Jan 1, 2019 CE
Chairman Lin En-ping Faces Legal Issues
Chairman Lin En-ping is involved in a legal dispute over alleged insider trading, impacting company reputation. #legal
Sep 1, 2019 CE
Supplies Lenses for 108MP Camera Phones
Largan provides lenses for 108-megapixel camera modules used in Xiaomi and Samsung flagships. #technology
Apr 1, 2020 CE
Revenue Declines Due to COVID-19
Largan reports a drop in quarterly revenue as the COVID-19 pandemic disrupts global supply chains and smartphone demand. #COVID19 #finance
Oct 1, 2020 CE
Launches Under-Display Camera Lens
Largan develops a lens module for under-display cameras, enabling full-screen smartphones. #innovation
Feb 1, 2021 CE
Announces NT$10 Billion Share Buyback
Largan's board approves a share buyback program to support stock price amid market volatility. #finance
Jun 1, 2021 CE
Revenue Rebound as 5G Smartphones Demand Grows
Largan sees revenue recovery driven by strong demand for 5G smartphones and multi-camera setups. #5G #mobile
Nov 1, 2021 CE
Develops Continuous Zoom Lens for Smartphones
Largan announces a continuous optical zoom lens module that can fit into slim smartphones. #technology
Mar 1, 2022 CE
Supplies Lenses for Apple's iPhone 14 Pro Series
Largan provides the 48-megapixel main camera lens for the iPhone 14 Pro, enhancing resolution. #Apple
Aug 1, 2022 CE
Expands into Automotive LiDAR Lenses
Largan enters the automotive LiDAR lens market for autonomous driving systems. #automotive
Jan 1, 2023 CE
Net Profit Drops to NT$47.4 Billion
Largan reports annual net profit of NT$47.4 billion, down from previous years due to smartphone market saturation. #finance
Jun 1, 2023 CE
Launches Glass-Plastic Hybrid Lens for Premium Phones
Largan introduces a hybrid lens combining glass and plastic to improve optical performance for high-end smartphones. #technology
Oct 1, 2023 CE
Supplies Lenses for Apple Vision Pro
Largan becomes a lens supplier for Apple's mixed-reality headset, Vision Pro, expanding into new markets. #AR #Apple
Feb 1, 2024 CE
Enters Medical Endoscopy Lens Market
Largan diversifies into medical device lenses, focusing on endoscopy applications. #medical
May 1, 2024 CE
Replaces Chairman After Legal Scandal
Lin En-ping steps down as chairman following a court ruling; company appoints a new independent chairman. #leadership